About Equity Residential (NYSE:EQR)

Equity Residential is a real estate investment trust. The Company's primary business is the acquisition, development and management of multifamily residential properties. Its segments include Boston, New York, Washington D.C., Southern California, San Francisco, Seattle and Other Markets. Southern California includes Los Angeles, San Diego and Orange County. Other Markets includes Phoenix. It is engaged in leasing of apartment units to residents. It focuses on rental apartment properties in urban and high-density suburban coastal gateway markets. As of December 31, 2016, the Company owned 302 properties located in 10 states and the District of Columbia consisting of 77,458 apartment units. The Company's projects include The Alton, 455 Eye Street, 855 Brannan, Cascade, One Henry Adams, 340 Fremont and Vista 99. ERP Operating Limited Partnership (ERPOP) conducts the multifamily residential property business of Equity Residential.

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Equity Residential (NYSE:EQR) Frequently Asked Questions

What is Equity Residential's stock symbol?

Equity Residential trades on the New York Stock Exchange (NYSE) under the ticker symbol "EQR."

How often does Equity Residential pay dividends? What is the dividend yield for Equity Residential?

Equity Residential announced a quarterly dividend on Tuesday, December 19th. Shareholders of record on Tuesday, January 2nd will be paid a dividend of $0.5038 per share on Friday, January 12th. This represents a $2.02 annualized dividend and a yield of 3.48%. The ex-dividend date is Friday, December 29th. View Equity Residential's Dividend History.

How were Equity Residential's earnings last quarter?

Equity Residential (NYSE:EQR) issued its quarterly earnings results on Tuesday, January, 30th. The real estate investment trust reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.81 by $0.47. The real estate investment trust earned $630.50 million during the quarter, compared to analyst estimates of $625.83 million. Equity Residential had a net margin of 24.39% and a return on equity of 5.76%. The firm's revenue was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.79 earnings per share. View Equity Residential's Earnings History.

When will Equity Residential make its next earnings announcement?

What guidance has Equity Residential issued on next quarter's earnings?

Equity Residential issued an update on its FY18 earnings guidance on Tuesday, January, 30th. The company provided EPS guidance of $3.17-3.27 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.26. Equity Residential also updated its Q1 guidance to $0.74-0.78 EPS.

Where is Equity Residential's stock going? Where will Equity Residential's stock price be in 2018?

14 brokers have issued twelve-month price objectives for Equity Residential's shares. Their forecasts range from $60.00 to $75.00. On average, they expect Equity Residential's share price to reach $67.38 in the next twelve months. View Analyst Ratings for Equity Residential.

What are Wall Street analysts saying about Equity Residential stock?

Here are some recent quotes from research analysts about Equity Residential stock:

2. According to Zacks Investment Research, "Shares of Equity Residential have outperformed its industry, in the past three months. However, this trend is unlikely to continue because there are elevated levels of new supply across the company’s markets. This high supply is anticipated to put pressure on rental rates and adversely affect revenue growth this year. Further, there is high concession activity amid higher supply, which remains another concern. Furthermore, rate hike added to its woes. Nevertheless, the company is making concerted efforts to reposition its portfolio in high barrier-to-entry/core markets. Such efforts have the capacity to drive long term growth. Also, the company is anticipated to benefit from favorable demographics, lifestyle transformation and creation of new households." (1/9/2018)

How do I buy Equity Residential stock?

Shares of Equity Residential can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Equity Residential's stock price today?

One share of Equity Residential stock can currently be purchased for approximately $57.97.

How big of a company is Equity Residential?

Equity Residential has a market capitalization of $21.30 billion and generates $2.47 billion in revenue each year. The real estate investment trust earns $603.45 million in net income (profit) each year or $1.57 on an earnings per share basis. Equity Residential employs 2,700 workers across the globe.

MarketBeat Community Rating for Equity Residential (EQR)

MarketBeat's community ratings are surveys of what our community members think about Equity Residential and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Equity Residential (NYSE:EQR) Analysts' Consensus Rating

MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.